The risk that an entity will fail to meet its objectives is referred to as
A) Business risk.
B) Information risk.
C) Assurance risk.
D) Audit risk.

Question

Quizplus · Accepted Answer

Business risk refers to the possibility that a company will have lower than anticipated profits or experience a loss rather than taking a profit. This risk is associated with the company's ability to achieve its objectives.

The Risk That an Entity Will Fail to Meet Its